The Chronicle of Higher Education recently profiled the challenges faced by budding entrepreneurs at MIT:
Like many universities, MIT has encouraged its students and faculty members to form more start-ups. Over the past decade, according to one recent survey, the number of companies initiated by universities has almost doubled. For lucky ones, like MIT, the licenses provide real revenue. For all of them, the start-ups at least show a responsiveness to society’s needs: The public has invested in university research and will now reap the benefits. At the bottom of these initiatives, though, are students . . . who now must balance two obligations to MIT: as student and licensee.
The article describes the grueling process involved for student entrepreneurs and how they balance the competing demands of their time. It doesn’t look like fun. (Subscription required.)